Post
Topic
Board Altcoin Discussion
Re: Binance may acquire the Coinmarketcap by 400 Million USD!
by
Btc_1856
on 31/03/2020, 12:14:21 UTC
It seems Binance is dealing with the Coinmarketcap by 400 Million USD! If it gets done then this will be one of the biggest deals in crypto history! Anyone who has an idea about the crypto industry knows the CMC name and use it! Such an important tool it is! Though CMC has a bad reputation for helping scammers! But overall, Do you think this deal will be positive for the crypto? Don't you think 400 Million is too much for the CMC?

News source: https://www.theblockcrypto.com/post/60371/binance-is-set-to-acquire-coinmarketcap-the-deal-could-be-worth-as-much-as-400-million
It's too much for a crap exchange site like coinmarketcap which always helping scammer. I personally will prefer to see binance will try to acquire crypto rank rather than MCAP. it looks like that binance is looking for the traffic that has already acquired by MCAP site.

Not for advertising, now most of the people are searching coins through CMC, which many people are losing their money through fake pumps which are listed in the CMC. Once if Binance acquires CMC there is a huge change in terms of listing because the will be in a selective manner in order to eliminate fraudulent.